Most of my "good ideas" cost me money.

Daylight Trading Strategy

These are my thoughts and opinions only and are based on what I see in the markets as a "daily cycle' After the NY close at 5pm we are left with a couple of hours with wide spreads and no action or real movement as the day closes. Once Asia opens, ...

Daylight Trading Strategy

No, I don't use any other indicators. What I always look at is WHERE we are on the pair.... Context is absolutely everything In addition to this method which works very well on its own, when you "look left" and also understand where you are in the ...

Daylight Trading Strategy

No confusion at all. I trade several different timeframes with this method. I simply use 15 min charts to show all of my trades regardless of what timeframe it was entered on.

Daylight Trading Strategy

Couple more closed image image

Daylight Trading Strategy

I use RSI chart bars....52 or greater is blue 48 and below is red file file

Daylight Trading Strategy

One more closed...actually 2 different trades from different timeframe charts allowed me to catch the majority of this move. One for +65 and the other for +42 image

Daylight Trading Strategy

Just closed this one also image

Daylight Trading Strategy

Easy Trade image

Daylight Trading Strategy

Trade mostly on higher TF.....1 hr min and mostly 4hr and Daily. Very good method for these higher timeframes.

Daylight Trading Strategy

HAHAHAHAHAHAHa

Cable Update (GBPUSD)

Please see Lauras post above about stops. Stops are for emergencies....worst case possible, thats it. Plans are made in advance and are based on what we "think" the market will do based on what we see. Whether it is "structure" or whatever we want ...

Daylight Trading Strategy

No, I don't take anything personally. You are trying to learn using a translator app. Yes, I talked about 12 pips risk. My stop was quite a bit above that. I use a stop as an emergency exit as most trades are exited manually, so the stop will be a ...

Daylight Trading Strategy

Yes and No. How do you quantify "less than the market had to give" I am sorry to be blunt, however, that sentence doesn't make sense to me. Do you expect to make every pip available? When you exit a trade you don't know what the next bars hold in ...

Daylight Trading Strategy

Very nicely done. For me, that is what I am striving for, good decisions that keep me out of ugly losers.

Daylight Trading Strategy

This trade did not go lower and breach the 200. I grabbed about 3-4 pips. Although we did not get a real winner, we didn't get our pants scorched either because we had found a low risk entry. Now we move on to the next ones.

Daylight Trading Strategy

So here we are a couple of minutes before the Tokyo open and we are +28 Decisions will need to be made based on how they push it at the open GOOD position to make a decision from. image

Daylight Trading Strategy

So lets keep going with this last signal on EURAUD..... 1 HR since the signal bar......The pair has retraced into the channel like we talked about a couple of hours ago. If you had jumped in as soon as the signal bar closed you would now be about 25 ...

Daylight Trading Strategy

TRUTH Actually this is the second time in the last week that this has been spelled out. -EDIT- This is what is being said here in picture form. Just got this Sell Signal on the EURAUD 1 hr.....BUT there is no way I would sell right here with all of ...

Daylight Trading Strategy